[ad_1]
In the midst of the coronavirus crisis, the board seeks “encouragement” to handle what lies ahead
The coronavirus pandemic has had a direct impact on Flamengo, one of the best financially structured clubs in Brazilian soccer. This week Rubro-Negro, who did not receive the first installment of Adidas’ annual payment and terminated the contract with Royal Olive Oil, requested a pre-approved R $ 40 million bank line of credit to organize accounts during the crisis
The information was given by the journalist. Gustavo Henrique and confirmed by the report of Goal.com. “It is just the movement of a well-run company, several are doing it. There was a low-interest credit line, the club decided to take the opportunity to breathe and continue to organize what is coming,” said a source close to the board.
More items below
This week Flamengo also informed Athlético-PR that it would delay a part related to the payment for the purchase of defender Leo Pereira. The intention is to negotiate new terms, as other sponsors should do in the coming weeks. The club believes it can handle at least another month without games, but internally, it is striving for the Carioca Championship to return in mid-May.
Since the start of the crisis, Flamengo has also lost several supporters. The club that, at the end of last year, had exceeded the 150 thousand point mark, today has 112,051 thousand, the bill could be even smaller if a large part did not find it difficult to cancel.
After reaching the mark of more than 150,000 followers at the end of last year, Flamengo now has 112,051,000. In the last week alone, according to the Nação website, Flamengo lost more than 3,000 followers.
– Raisa Simplicio (@simpraisa) April 17, 2020
To mitigate financial losses, Flamengo is also beginning to think about the pay cut, something that has not yet been discussed with the players, but may be on the agenda early next week. This April, the club paid the athletes’ wages in full and extended their vacation until April 30.
[ad_2]
